cumbersome bureaucratic requirements. When the sample is split between EU and non-EU countries, the time tax turns out to have a … negative effect only in EU countries and the bribe tax only in non-EU countries. This suggests that the institutional …

I analyze spillover effects from Euro area monetary policy shocks to thirteen EU countries outside the Euro area, i ….e., ten countries from Central and Eastern Europe (CEE) and three Western EU members. The analysis is based on a FAVAR model …

This paper examines the transition process within Eastern Europe and the integration process with the EU and shows that … the requirements for the transition towards a market economy overlap with the requirements for EU accession. Furthermore … economic development between the Central and Eastern European countries and the EU. The paper argues that the acceding …

The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet … determinants of international asset holdings and trade flows. We find in most regressions that EU membership has a significant … effect. Based on additional simulations of the expected flows to ten transition economies, we conclude that for the EU …

The paper takes into account both the concerns of the EU, arguing that convergence is incomplete, and the demands from …

This paper revisits Political Budget Cycles (PBCs) in the enlarged European Union (EU). Based on a panel of 25 current … EU member states from 1996 to 2012, we show that governments frequently fiscally stimulate the economy prior to elections …; a phenomenon that is seemingly not only an ‘Eastern problem’ of the EU’s new members, as has been suggested in the …

The EU has recently entered accession talks with five transition economies of eastern Europe. Membership in the EU … and investment. A comparison with the southern members of the EU shows that the countries under review have reached a …

Among ENP countries, Azerbaijan is outstanding because it leans on its resource base and sees the EU at the receiving … end of bilateral relations. At the other extreme, Ukraine depends on EU cooperation, especially with respect to trade. We … strategies to bilateral, regional, and multilateral EU strategies for democracy promotion, economic cooperation, justice and home …